Scientific-Atlanta Inc. is laying off 400 employees, or roughly 6 percent of its work force, as part of restructuring.
The layoffs, which are companywide, come exactly one month after 1,300
employees were laid off in S-A's Juarez, Mexico, manufacturing facility.
The company said most of the reductions are effective immediately, but
some will occur over the next several months.
Article continues below It's anticipated that the company will realize approximately $40 million in
savings per year as a result of the restructuring.
